Other News - 07/11/2005

ExpressJet Holdings reached a tentative agreement with its flight attendants, represented by the International Assn. of Machinists. The deal now is subject to ratification by the 1,200 IAM members at the carrier. The two sides have been negotiating since November 2004.

Settling into his new role as the head of IATA, director general and CEO Alexandre de Juniac has made clear his frustration with government policies that fail to recognize the value of aviation....More

The world’s airlines will continue their streak of collective profitability in 2017, but anticipated higher costs, coupled with a sluggish global economy that lead IATA forecasters to believe next year’s industry net profit will be almost $6 billion lower than 2016’s expected profit....More